Daily Market Report

Wednesday, 15 November 2000

There was light trading on the New Zealand Futures & Options Exchange today involving 1711 futures and 200 options contracts traded with a face value of NZ$955 million.

The Dec-00 90 Day Bank Bill Futures Contract settled unchanged at 9335 (6.65%) The Mar-01 90 Day Bank Bill Contract settled up 1 point at 9319 (6.81%). The June-01 90 Day Bank Bill Contract settled down 1 point at 9313 (6.87%) and the Sept-01 90 Day Bank Bill Contract settled down 1 point at 9310 (6.90%).

The Dec-00 Three Year Government Stock Futures Contract settled unchanged at 9342 (6.58%) and the Dec-00 Ten Year Government Stock Futures Contract settled unchanged at 9337 (6.63%).

The December-00 NZSE-10 Share Index Futures Contract settled unchanged at 889. The November-00 Electricity Futures Contract closed at $29.80 M/wh. ends For further information contact Greg Boland at the NZFOE on (09) 309 8308 or (021) 428 600.